Common use of Compliance with Laws and Agreements; No Default Clause in Contracts

Compliance with Laws and Agreements; No Default. Each of the Borrower and each Subsidiary is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effect. No Default has occurred and is continuing.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (Simmons Media Group Inc), Credit Agreement (Global Vacation Group Inc), Credit Agreement (Global Vacation Group Inc)

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Compliance with Laws and Agreements; No Default. Each of the Borrower The Borrower, each Subsidiary and each Subsidiary Parent Entity is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could would not reasonably be expected to result in have a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Term Loan Agreement (Invitation Homes Inc.)

Compliance with Laws and Agreements; No Default. Each of the Borrower and each Subsidiary is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except Except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect, the Borrower and each Subsidiary is in compliance with (i) all Requirements of Law applicable to it or its property and (ii) all indentures, agreements and other instruments binding upon it or its property. No Default has occurred and is continuing.

Appears in 4 contracts

Samples: Credit Agreement (SJW Group), Credit Agreement (SJW Group), Credit Agreement (SJW Group)

Compliance with Laws and Agreements; No Default. Each of the The Borrower and each Subsidiary is in compliance with all lawsLaws, regulations and including all orders of any Governmental Authority Authorities, applicable to it or its property and all indentures, loan or credit agreements, mortgages, deeds of trust, contracts, undertakings or other agreements and other or instruments binding upon to which the Borrower or such Subsidiary is a party or by which it or any of its propertyproperties is bound, except where the failure to do socomply, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 3 contracts

Samples: Credit Agreement (Bentley Systems Inc), Credit Agreement (Bentley Systems Inc), Credit Agreement (Bentley Systems Inc)

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Subsidiary is in compliance with (a) all laws, regulations Requirements of Law and orders of any Governmental Authority applicable to it or its property and (b) all indentures, agreements and other instruments binding upon it or its property, except except, in the case of clause (b) of this Section, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Trinet Group Inc), Second Lien Credit Agreement (Trinet Group Inc), First Lien Credit Agreement (Trinet Group Inc)

Compliance with Laws and Agreements; No Default. Each of the The Borrower and each Subsidiary is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could would not reasonably be expected to result in a Material Adverse effect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bel Fuse Inc /Nj)

Compliance with Laws and Agreements; No Default. Each of the Borrower and The Borrower, each Subsidiary and the Parent is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could would not reasonably be expected to result in have a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.)

Compliance with Laws and Agreements; No Default. Each of the Borrower and each Subsidiary is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, including any of the foregoing relating to the handling of customer deposits except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Global Vacation Group Inc)

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Compliance with Laws and Agreements; No Default. Each of the The Borrower and each Subsidiary is in compliance with (i) all laws, regulations Requirements of Law and orders of any Governmental Authority applicable to it or its property and (ii) all indentures, agreements and other instruments binding upon it or its property, except except, in each case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: 364 Day Bridge Credit Agreement (Aspen Technology Inc /De/)

Compliance with Laws and Agreements; No Default. Each of the The Borrower and each Subsidiary is in compliance with all lawsLaws, regulations and including all orders of any ​ ​ ​ Governmental Authority Authorities, applicable to it or its property and all indentures, loan or credit agreements, mortgages, deeds of trust, contracts, undertakings or other agreements and other or instruments binding upon to which the Borrower or such Subsidiary is a party or by which it or any of its propertyproperties is bound, except where the failure to do socomply, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Bentley Systems Inc)

Compliance with Laws and Agreements; No Default. Each of the Borrower and each Subsidiary is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except Except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect, each of the Borrower and each Subsidiary is in compliance with (i) all Requirements of Law applicable to it or its property and (ii) all indentures, agreements and other instruments binding upon it or its property. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Neogen Corp)

Compliance with Laws and Agreements; No Default. Each of the Borrower and each Subsidiary is in compliance with (i) all laws, rules, regulations and orders of any Governmental Authority (including without limitation Environmental Laws, and laws with respect to social security and pension or retirement fund obligations) applicable to it or its property property, and (ii) all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse effectEffect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Cencosud S.A.)

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